MARKETS

TechnipFMC fined US$300 million for bribing officials

OILFIELD service provider TechnipFMC has been fined nearly US$300 million after pleading guilty to allegations that the company and its US subsidiary bribed authorities in the US, Brazil and Iraq.

TechnipFMC fined US$300 million for bribing officials

  In a statement released overnight the French firm said it had agreed to "resolve anti-corruption investigations" and pay a total of US$301.3 million to authorities for two separate counts of bribery....

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